Courtesy of Paddy Power
For this weekend we are looking at a straightforward bet that we can make using the Paddy Power Imperial Cup offer to extract some free money from the bookies
Go to www.oddschecker.com and from the menu on the left hand side select horse racing. Then select the meeting Sandown and pick any race. Where the bookmakers are shown locate Paddy Power and move your mouse over the “Bookie Offers” symbol next to Paddy Power. A pop-up window will appear with details of the special offer of a free bet. Click on the offer button and open a new account.
This will entitle you to receive a free bet which will match the value of your first bet placed up to a maximum of £25.00. You can either use this to back your favourite football team or fancy on the weekends big horse race. (Please read the Paddy Power terms and conditions carefully to ensure that you meet the requirements).
An alternative use of the FREE money could be to have a “CRAIC” with it by following this simple but completely Irish Method. You need to find a horse that can finish 5th……… yes 5th in the Paddy Power sponsored Imperial Cup that is being staged at Sandown on Saturday 13th March (15.05): As the sponsor of this race Paddy Power are offering to pay out on the first five finishers, whereas normally, and with most other book makers only 4 places will be paid on each-way bets.
Read the form book or do what you would normally do to find a selection in this race………… I would go for one in the first 5 or 6 in the betting as it is more likely to run well, but also the second part of the “CRAIC” bet involves “laying” on Betfair, and the shorter price means you will need less in your Betfair account to cover the lay liability. By the way Betfair also offer a free bet bonus so if you do not have an account click here to open one and claim the free bet bonus.
Right, let’s say your selection is 10/1 or 11.0 in decimal format. The each-way terms for this race are ¼ odds for a place, so this works out to 3.50 (including your stake). To work out the calculation refer to the Oddschecker site and in the top right hand side there is a button called “Betting Tools”. Click the drop down menu and select “Hedging” and a new window will open. In the “Back Price” box type in the decimal win odds of the horse that you have selected (price at Paddy Power), in our example this is 11.00. Change the “Back Stake” to £12.50 and after looking at the Betfair win market the same horses “Lay Price”. This will generally be slightly higher as the prices on Betfair are normally better than those available with the Book Makers. Let’s say our horse is available at 11.70. (Leave “Commission” as the default).
Plurk This Post 
Buzz This Post 
Delicious 
Digg This Post 
Facebook 
MySpace 
Ping This Post 
Reddit 
Stumble This Post
{ 0 comments }